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ECOMAC

Active
Public limited companyfounded 200125 yrs activeEkkelgaarden 16, 3500 Hasselt, BelgiumKBO/BCE: BE 0474.939.219
Summary

ECOMAC has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €4,201. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 342 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
ECOMACActiveChecked score 89/100
Risk analysis ReportCompare

Overview

Activity
Production of electricity from non-renewable sources
NACE 35110
#2 oldest company in Hasselt, Energy sector1 site
Size
€335,324turnover 2025
Equity
€2.8m
Profit
€4,201
Financial health
89 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
J.M. RECYCLING · 100%
Board
1 member
Auditor: BV VAN HAVERMAET BEDRIJFSREVISORENAccounts 29 d early2 of 19 deeds read
Why 89- Liquidity: current ratio 7.70+ Founded in 2001+ Figures for FY 2025 (filed 02-07-2026)+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Better than 63% of its sector peers (NACE 35, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 99+6
equity 73.6% of total assets
Liquidity 100+2
short-term debt 6.2%
Profitability 66+3
return on assets 0.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (255 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▼ -3.7% vs 01-2025lowest value 03-2025: 0.3%▲ +19.4% vs 02-2025 04-2025: 0.3%▲ +8.7% vs 03-2025 05-2025: 0.3%▲ +4.7% vs 04-2025 06-2025: 0.3%▲ +3.5% vs 05-2025 07-2025: 0.4%▲ +33.7% vs 06-2025 08-2025: 0.7%▲ +70.5% vs 07-2025highest value 09-2025: 0.2%▼ -67.1% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▼ -4.0% vs 01-2026 03-2026: 0.2%▲ +1.9% vs 02-2026 04-2026: 0.2%▲ +8.7% vs 03-2026 05-2026: 0.2%▲ +3.4% vs 04-2026 06-2026: 0.3%▲ +3.7% vs 05-2026 07-2026: 0.3%▲ +0.8% vs 06-2026 08-2026: 0.2%▼ -7.0% vs 07-2026 09-2026: 0.2%● 0.0% vs 08-2026 10-2026: 0.2%● 0.0% vs 09-2026
  • Liquidity: current ratio 7.70 raises the probability
  • Founded in 2001 lowers the probability for this profile
  • Figures for FY 2025 (filed 02-07-2026) lowers the probability
  • Legal form Public limited company lowers the probability
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 7.7 against 4.67 in 2024; short-term debt: 6.2% of total assets), and 26.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 35, small). Better than this share of them on solvency 89%, liquidity 100%, profitability 40%, growth against the median 22%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 7.70
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2001
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 02-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
4 d late
2023
9 d late
2022
8 d late
2021
2 d early
2020
6 d late
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Reappointment: Van Havermaet Bedrijfsrevisoren BV (statutory…Permanent representative: Louis Machiels
  3. Resignation: Pampelonne BV (director)Permanent representatives: Marieke Meugens and…

Key points

  • Caution: Result fell in 2025from €81,995 to €4,201 ▼ 94.9% View
  • Positive: Oldest company in Hasselt, Energy sectorin the Checked rankings #2 View
  • Caution: Board changedlatest change 30-03-2026 · 1 in office 1 joined · 1 left View
  • Positive: 8 profitable years in a rowprofit 2025: €4,201 8 years View
  • Controlled by J.M. RECYCLING 100% View

By topic

Financials

Fiscal year
2025
Turnover
€335,324
Profit
€4,201
Solvency
73.6%
Turnover▼ 56.2%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
J.M. RECYCLING · 100%
Auditor
BV VAN HAVERMAET BEDRIJFSREVISOREN
Go to Board & ownership

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 02-07-2026Annual accounts filed
  2. 29-05-2026Reappointment: Van Havermaet Bedrijfsrevisoren BV (statutory auditor)
  3. 30-03-2026Resignation: Pampelonne BV (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Production of electricity from non-renewable sourcesNACE 35110
Founded
06-06-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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